1980 (11) TMI 101 - AT - Income Tax

Summary

The appeal was filed by Madras Pack Marine, Mandapam against the order of the CIT (A), Madurai regarding disallowances in the assessment for asst. yr. 1977-78. The Tribunal confirmed the disallowance of current charges but allowed weightage on Quality Control Inspection expenses, export credit guarantee commission, telephone expenses, and telex charges. The appeal was partly allowed.